In my opinion this is sort of...stupid.
All in all I think it would fail. It would take an INSANELY large amount of people to oppose it though, but I think it would.
I don't see why they should crack down so hard on this. Kids, teens, adults, a wide variety of ages, mindsets, and stages of growth and understanding do this. XD
Besides...
Who has perfect eyesight these days to read the fine print on the back of a CD anyway? Who even bothers to go out and buy CDs anymore, eh?